Industries Minister Ali Akbar Mehrabian "called for the suspension of commercial ties by all domestic companies with foreign international firms part or all of whose stocks might be owned by Zionists," ISNA reported.

It said this was a a show of solidarity with the innocent Palestinian nation and in response to the crimes by the Zionist regime against the defenceless Gaza people.

Iran has condemned Israel's 10-day-old air and land offensive against Gaza, killing hundreds of Palestinians.

The minister said Iranian dealings with firms with "Zionist" shareholdings should be suspended until the relevant authorities "make a final decision in this connection", ISNA said without giving further details.